47 CFR 32.2007
§ 32.2007 Goodwill.
United States · 47 CFR — Telecommunication · Status: effective
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- Citation
- 47 CFR 32.2007, § 32.2007 Goodwill, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/235264
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Full text
(a) This account shall include any portion of the plant purchase price that cannot be assigned to specifically identifiable property acquired and such amount should be identified as “goodwill”. Such amounts included in this account shall be amortized to Account 7300, Nonoperating income and expense, on a straight line basis over the remaining life of the acquired plant, not to exceed 40 years.
(b) The amounts included in this account shall be maintained to show the nature of each amount.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.